Below is some data from Yahoo! Finance for Apple Inc on 11/5/2019. Assume that the market return is 7% and the risk free rate is 1.8%. a) What is the market risk premium? b) What is the cost of equity for Apple?

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  1. Below is some data from Yahoo! Finance for Apple Inc on 11/5/2019. Assume that the market return is 7% and the risk free rate is 1.8%.

a) What is the market risk premium?

b) What is the cost of equity for Apple?

Here is a detailed transcription of the provided image about Apple Inc. (AAPL) stock data.

**Apple Inc. (AAPL)**
- NasdaqGS - NasdaqGS Real-Time Price. Currency in USD

**Current Data (as of 4:00 PM EST)**
- **Price:** 257.13 USD
- **Change:** -0.37 (-0.14%)

**Main Options:**
- Add to watchlist
- Buy

**Tabs Available:**
- Summary
- Company Outlook
- Chart
- Conversations
- Statistics

**Stock Information:**

- **Previous Close:** 257.50
- **Open:** 257.05
- **Bid:** 0.00 x 1100
- **Ask:** 0.00 x 1400
- **Day's Range:** 256.34 - 258.19
- **52 Week Range:** 142.00 - 258.19
- **Volume:** 19,941,484
- **Avg. Volume:** 27,307,465

**Market Data:**

- **Market Cap:** 1.162 Trillion USD
- **Beta (3Y Monthly):** 1.13
- **PE Ratio (TTM):** 21.63
- **EPS (TTM):** 11.89

**Dividends:**

- **Earnings Date:** Jan 27, 2020 - Jan 31, 2020
- **Forward Dividend & Yield:** 3.08 (1.24%)
- **Ex-Dividend Date:** 2019-08-09

**Estimates:**

- **1y Target Est:** 253.06

This information provides a comprehensive overview of Apple Inc.'s stock performance, including key financial metrics and historical data, facilitating informed investment decisions.
Transcribed Image Text:Here is a detailed transcription of the provided image about Apple Inc. (AAPL) stock data. **Apple Inc. (AAPL)** - NasdaqGS - NasdaqGS Real-Time Price. Currency in USD **Current Data (as of 4:00 PM EST)** - **Price:** 257.13 USD - **Change:** -0.37 (-0.14%) **Main Options:** - Add to watchlist - Buy **Tabs Available:** - Summary - Company Outlook - Chart - Conversations - Statistics **Stock Information:** - **Previous Close:** 257.50 - **Open:** 257.05 - **Bid:** 0.00 x 1100 - **Ask:** 0.00 x 1400 - **Day's Range:** 256.34 - 258.19 - **52 Week Range:** 142.00 - 258.19 - **Volume:** 19,941,484 - **Avg. Volume:** 27,307,465 **Market Data:** - **Market Cap:** 1.162 Trillion USD - **Beta (3Y Monthly):** 1.13 - **PE Ratio (TTM):** 21.63 - **EPS (TTM):** 11.89 **Dividends:** - **Earnings Date:** Jan 27, 2020 - Jan 31, 2020 - **Forward Dividend & Yield:** 3.08 (1.24%) - **Ex-Dividend Date:** 2019-08-09 **Estimates:** - **1y Target Est:** 253.06 This information provides a comprehensive overview of Apple Inc.'s stock performance, including key financial metrics and historical data, facilitating informed investment decisions.
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